iShares MSCI India Small-Cap ETF (BATS:SMIN) Sets New 12-Month High – Here’s What Happened

iShares MSCI India Small-Cap ETF (BATS:SMIN) hit a new 52-week high during trading on Wednesday . The stock traded as high as $72.45 and last traded at $67.75, with a volume of 201805 shares. The stock had previously closed at $71.69.

iShares MSCI India Small-Cap ETF Stock Performance

The firm’s fifty day moving average is $77.54 and its 200-day moving average is $81.20. The company has a market capitalization of $833.70 million, a P/E ratio of 28.28 and a beta of 0.46.

Hedge Funds Weigh In On iShares MSCI India Small-Cap ETF

A number of hedge funds have recently modified their holdings of SMIN. Highland Financial Advisors LLC raised its position in iShares MSCI India Small-Cap ETF by 7.6% during the 4th quarter. Highland Financial Advisors LLC now owns 31,200 shares of the company’s stock worth $2,385,000 after purchasing an additional 2,211 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of iShares MSCI India Small-Cap ETF by 180.3% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 20,236 shares of the company’s stock worth $1,547,000 after acquiring an additional 13,016 shares during the last quarter. Mainsail Financial Group LLC lifted its stake in shares of iShares MSCI India Small-Cap ETF by 5.5% in the fourth quarter. Mainsail Financial Group LLC now owns 77,977 shares of the company’s stock worth $5,961,000 after acquiring an additional 4,074 shares during the period. FFG Partners LLC boosted its holdings in iShares MSCI India Small-Cap ETF by 7.9% in the fourth quarter. FFG Partners LLC now owns 171,770 shares of the company’s stock valued at $13,132,000 after acquiring an additional 12,561 shares during the last quarter. Finally, Elm3 Financial Group LLC acquired a new stake in iShares MSCI India Small-Cap ETF during the 4th quarter valued at approximately $420,000.

iShares MSCI India Small-Cap ETF Company Profile

The iShares MSCI India Small-Cap ETF (SMIN) is an exchange-traded fund that is based on the MSCI India Small Cap index, a market-cap-weighted index of the bottom 14% of companies traded on Indian stock markets. SMIN was launched on Feb 8, 2012 and is managed by BlackRock.